Question: Under the pre-2019 accounting standards, how are operating leases reported in the lessees balance sheet? A As an asset that is depreciated, similar to the

Under the pre-2019 accounting standards, how are operating leases reported in the lessees balance sheet? A As an asset that is depreciated, similar to the companys other assets. B As either a short-term or long-term liability, depending on the length of the lease C At the present value of the future minimum lease payments. D Operating leases are not disclosed in the lessees balance sheet or annual report. E None of the above

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